Demonstrates the use of simple mathematical, statistical, computer techniques to explore marketing, finance, personnel, and production problems. Introduces advanced techniques of operational research: linear and integer programming, simulation, decision analysis, and statistical forecasting. Reviews basic mathematical concepts underlying these techniques by illustrating their use in specific situations. Studies the strengths and weaknesses of mathematical models through individual and group projects.
Code:
MA4030
Name:
QUANTITATIVE DECISION-MAKING
Discipline:
MA (Mathematics)
Type:
Regular
Level:
Undergraduate
Credits:
4
Can be taken twice for credit?:
No
Pre-requisites:
BA3070 AND MA1020CCM
Co-requisites:
None